# Unrealized and realized Unrealized P/L (Profit and loss) refers to your holdings that haven't been sold yet. To sell a holding, add a transaction of type Sell. Realized P/L refers to your holdings which have been sold. The app uses FIFO accounting by default for calculating unrealized and realized P/L. To adjust to a different accounting method (such as LIFO, average cost, selected lot), you can edit a transaction and change the accounting method. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://help.mystocksportfolio.app/help-guide/calculations/unrealized-and-realized.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.